First International Bank of Israel reported earnings results for first quarter of 2016. For the period, the bank's profit rose 17.6% to ILS 147 million from ILS 125 million in the corresponding quarter of 2015. Revenue was up slightly to ILS 899 million. Return on equity rose from 6.5% in the first quarter of 2015 to 8.5% in the first quarter of 2016.